Core Viewpoint - The recent sharp decline in gold and silver prices has transformed them from safe-haven assets to risk assets, causing significant distress among investors [2][4]. Price Movements - On the 21st, international spot gold prices fell over 6%, dropping below $4,100 per ounce, marking the largest single-day decline in 12 years [2]. - International spot silver prices experienced a decline of over 8%, falling below $48 per ounce, which is the largest single-day drop since 2021 [2]. - Domestic gold retailers adjusted their prices, with notable decreases: - Yayi Gold's price dropped by 83 yuan to 1,211 yuan per gram - Lao Miao Gold decreased by 61 yuan to 1,229 yuan per gram - Other brands like Chow Tai Fook and Luk Fook saw a reduction of 57 yuan to 1,235 yuan per gram [2]. Market Sentiment and Future Outlook - Various institutions have differing views on the future of gold prices: - Citibank has shifted to a bearish outlook, setting a short-term target price of $4,000 per ounce, anticipating a period of consolidation in the coming weeks [6]. - Bridgewater's Hudson Attar suggests that the likelihood of gold prices declining is greater than the potential for further increases [6]. - Tim Waterer believes that as long as the upcoming U.S. Consumer Price Index (CPI) data does not show unexpected increases, there is still upward potential for gold [6]. - HSBC forecasts that gold's upward momentum may continue until 2026, driven by strong central bank purchases, ongoing fiscal concerns in the U.S., and expectations of further monetary easing, with a target price of $5,000 [6].
金价创12年来最大单日跌幅!现在该不该入手?机构吵翻了
Bei Jing Shang Bao·2025-10-22 06:25